BEIJING, Dec 23 (Reuters) - Beijing Automotive Industry Holding Corp (BAIC) has spent $200 million to buy technology from General Motors' [GM.UL] Saab unit, the Chinese auto firm said on Wednesday. The intellectual property it has bought includes three overall vehicle platforms, two engine technologies and two transmission systems, BAIC said in a statement ahead of a news conference. (Reporting by Michael Wei and Jason Subler; Editing by Jacqueline Wong)
Premium Content (PAID Subscription Required)
"Beijing Auto says spends $200 mln on Saab technology" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.